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Toray Industries ( (JP:3402) ) has provided an announcement.
Toray Industries has announced changes to its top management, with the Board of Directors resolving to alter the roster of representative members. Executive Vice President and Member of the Board Tetsuya Tsunekawa will become a representative member of the board effective April 1, 2026, while Chairman Akihiro Nikkaku and Executive Vice President Kazuhiko Shuto will step down from their representative roles.
The reshuffle reflects a planned transition in leadership and marks a further elevation of Tsunekawa, who has held senior roles across research, plant management and corporate management since joining the company in 1984. The move signals continuity in strategic direction while refreshing the executive lineup, a shift that stakeholders may view as part of Toray’s longer term governance and succession planning.
The most recent analyst rating on (JP:3402) stock is a Buy with a Yen1376.00 price target. To see the full list of analyst forecasts on Toray Industries stock, see the JP:3402 Stock Forecast page.
More about Toray Industries
Toray Industries, Inc., listed on the TSE Prime Market under securities code 3402, is a diversified Japanese materials manufacturer. The company operates across advanced materials fields including fibers, textiles, films and related products, serving a broad range of industrial and consumer markets worldwide.
Average Trading Volume: 5,304,348
Technical Sentiment Signal: Buy
Current Market Cap: Yen1834.7B
For a thorough assessment of 3402 stock, go to TipRanks’ Stock Analysis page.